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Department Stores

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Tokmanni CEO Heikki Väänänen to leave company by end of September

Tuesday, 25 Apr 2017 09:00am EDT


Isetan Mitsukoshi Holdings appoints new chairman

Monday, 24 Apr 2017 01:00am EDT

April 24 (Reuters) - Isetan Mitsukoshi Holdings Ltd <3099.T>:* Says it appointed Ken Akamatsu as new chairman, to succeed.* Effective June 21.

Sears Holdings provides update on restructuring program

Friday, 21 Apr 2017 04:56pm EDT

April 21 (Reuters) - Sears Holdings Corp ::Sears Holdings details progress and further actions under strategic restructuring program.Sears Holdings - updates strategic restructuring program, including incremental actions to up annualized cost savings target to $1.25 billion from $1.0 billion.Sears Holdings- remains focused on its integrated retail strategy, is actively pursuing a number of new partnerships and other membership offerings.Sears Holdings Corp - company expects to report positive net income for q1 of 2017.Sears Holdings Corp - is in discussions with its lenders to evaluate refinancing options for its secured loan facility maturing in July 2017.Sears Holdings - Rob Riecker, currently controller and head of capital market activities, has been appointed chief financial officer of Sears Holdings.Sears Holdings Corp - Riecker succeeds Jason Hollar, who has resigned from Sears Holdings.Sears Holdings says "retail environment remained challenging with continued softness in store traffic and elevated price competition" in Q1.Says since beginning of fiscal year, comparable store sales at sears and Kmart declined 11.9 pct on a combined basis.Sears Holdings-expect q1 2017 net income attributable to shareholders will range between $185 million- $285 million, excludes impact of any additional store closures.Sears Holdings Corp - currently expect q1 2017 adjusted ebitda in the range of a loss of $230 million and $190 million.

Rainbow Department Store names new general manager

Monday, 17 Apr 2017 10:37pm EDT

April 18(Reuters) - Rainbow Department Store Co Ltd <002419.SZ>:Says it names Zhang Xuhua as new general manager.

Sears Hometown And Outlet Stores says CFO Ryan Robinson resigning

Wednesday, 12 Apr 2017 04:30pm EDT

Sears Hometown And Outlet Stores Inc : Sears Hometown And Outlet Stores - on april 10, CFO ryan robinson, advised co that he is resigning his employment with co effective April 28, 2017 .Company has commenced an external search for a new chief financial officer.

Maruei Department store says retirement of chairman and appoints president

Wednesday, 12 Apr 2017 03:21am EDT

Maruei Department store Co Ltd <8245.T> : Says Michihiro Esaki will retire from chairman . Says Tanio Nohara will retire from president . Says it appointed Yoshimitsu Hamajima as the new president .Change effective May 31.

Findel names Phil Maudsley chief executive

Thursday, 6 Apr 2017 02:14am EDT

Findel Plc : Appointed Phil Maudsley as Chief Executive with immediate effect . Maudsley was previously managing director of Express Gifts, group's online value retail business .Ian Burke, executive chairman, has moved to non-executive chairman.

Etsy names Rachel Glaser chief financial officer

Monday, 3 Apr 2017 05:24pm EDT

Etsy Inc - : Etsy names Rachel Glaser chief financial officer . Rachel succeeds Kristina Salen .Karen Mullane, Etsy's vice president, corporate controller, will serve as interim CFO until Rachel officially starts.

Parkson Retail Asia Re-designates acting CFO to CFO

Monday, 3 Apr 2017 05:22am EDT

Parkson Retail Asia Ltd :Annoucnes re-designation of Chia Cang Yang from acting chief financial officer to chief financial officer with effect from 01 April 2017.

Parkson Retail Asia announces appointment of CEO

Monday, 3 Apr 2017 05:16am EDT

Parkson Retail Asia Limited : Appointment Of Mr Larry Michael Remsen As The Chief Executive Officer .Appointment of Larry Michael Remsen as chief executive officer, Parkson Retail Asia Group.


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